Merchants Capital closes $160 million Tax Credit Equity Fund 31

Merchants Bancorp

Merchants Bancorp

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  • Merchants Bancorp unit Merchants Capital closed Merchants Capital Tax Credit Equity Fund 31, a USD 160 million multi-investor fund.
  • Fund 31 targets equity for nine affordable housing properties, supporting creation or preservation of more than 1,400 homes.
  • Merchants Capital’s tax credit equity platform has raised more than USD 3 billion across 31 states since launch five years ago.


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